Container spot rates from Asia to the US have re-gained traction after China’s Golden Week holiday, while rates to Europe appear to have plateaued and could ease over the coming weeks.
Both tradelanes are still experiencing acute capacity issues, with …
Following e-commerce giant Amazon’s move to send boxes on the deck of Norwegian multipurpose operator G2 Ocean’s bulk-carrier, the line’s MD, Scott Krantzcke, said he expected this trend to continue “well into 2022”.
While the deal, for geared vessel Star …
Amazon appears to be rowing back. The firm that has been the most potent and aggressive driver of ever-faster residential deliveries is trying to induce consumers out of their homes to collect their online purchases from a drop-off point nearby.…
The plan by South Korea’s state-backed ship finance institution, Korea Ocean Business Corporation, to provide funding to local liner and feeder operators through ship sales and leaseback is being delayed due to the current upcycle in the market.
In July, …
A mentorship scheme has been launched by Women in Aviation and Logistics (WAL) in a bid to support the next generation of female leaders.
Free to join, the scheme is attracting both genders to mentor women in air logistics who …
US 3PL BDP International has appointed Neil Wheeldon (pictured above) to the new role of chief strategy & innovation officer.
The company said he would “oversee all aspects of BDP’s long-range service and solution strategy that will drive opportunities for …
PRESS RELEASE
J.B. HUNT TRANSPORT SERVICES, INC. REPORTS EARNINGS FOR THE THIRD QUARTER 2021
– Third Quarter 2021 Revenue: $3.14 billion;
– Third Quarter 2021 Operating Income: $273.8 million; up 56%
– Third Quarter 2021 EPS: $1.88 vs. $1.18
LOWELL, …
